About Lower Ridge Rd / Victory Ln

Real Estate Prices and Overview

Lower Ridge Rd / Victory Ln median real estate price is $135,716, which is more expensive than 75.2% of the neighborhoods in
Arkansas and 32.3% of the neighborhoods in the U.S.

The average rental price in Lower Ridge Rd / Victory Ln
is currently $789, based on NeighborhoodScout's exclusive analysis.
Rents here are currently lower in price than 42.1% of Arkansas
neighborhoods.

Lower Ridge Rd / Victory Ln is a rural neighborhood (based on population
density) located in Conway, Arkansas.

Lower Ridge Rd / Victory Ln real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom)
single-family homes and mobile homes. Most of the residential real estate
is owner occupied. Many of the residences in the Lower Ridge Rd / Victory Ln neighborhood
are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Lower Ridge Rd / Victory Ln has a 14.2% vacancy rate, which is
well above average compared to other U.S. neighborhoods (higher than
71.9% of American neighborhoods). Most vacant housing here
is vacant year round. This could either signal that there is weak demand
for real estate in the neighborhood or that large amount of new housing has
been built and not yet occupied. Either way, if you live here, you may find
many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing
is often the way it looks, like its homes and its setting. Some places look
the same, but they only reveal their true character after living in them for
a while because they contain a unique mix of occupational or cultural groups.
This neighborhood is very unique in some important ways, according to
NeighborhoodScout's exclusive exploration and analysis.

Notable & Unique: People

According to NeighborhoodScout's exclusive analysis, Lower Ridge Rd / Victory Ln
is among the best neighborhoods for families in Arkansas. In fact, this neighborhood is
more family-friendly than 96.5% of neighborhoods
in the entire state of Arkansas. Its combination of top public
schools, low crime rates, and owner-occupied single family homes gives
this area the look and feel of a "Leave It to Beaver" episode. Many other
families also live here, making it easy to socialize and develop a strong
sense of community. In addition, the high number of college-educated parents
influences the academic success of the local schools. Overall, you will
find all of the amenities a family needs to thrive in the
Lower Ridge Rd / Victory Ln neighborhood.
In addition to being an excellent choice for families with school-aged children, this
neighborhood is also a very good choice for highly educated executives.

Notable & Unique: Real Estate

In addition, owner-occupied real estate dominates the Lower Ridge Rd / Victory Ln neighborhood. In fact, according to NeighborhoodScout research, the percentage of residential real estate occupied by its owner is higher here than in 97.1% of neighborhoods in America.

The Neighbors

The Neighbors: Income

There are two complementary measures for understanding the income of a
neighborhood's residents: the average and the extremes. While a neighborhood
may be relatively wealthy overall, it is equally important to understand
the rate of people - particularly children - who are living at or below the
federal poverty line, which is extremely low income. Some neighborhoods with
a lower average income may actually have a lower childhood poverty rate than
another with a higher average income, and this helps us understand the
conditions and character of a neighborhood.

The neighbors in the Lower Ridge Rd / Victory Ln neighborhood in Conway are upper-middle income, making it an above average income neighborhood.
NeighborhoodScout's exclusive analysis reveals that this neighborhood has
a higher income than 75.1% of the neighborhoods in America.
In addition, 9.0% of the children seventeen and under
living in this neighborhood are living below the federal poverty line, which
is a lower rate of childhood poverty than is found in 67.1%
of America's neighborhoods.

The Neighbors: Occupations

A neighborhood is far different if it is dominated by enlisted military personnel
rather than people who earn their living by farming. It is also different if
most of the neighbors are clerical support or managers. What is wonderful is
the sheer diversity of neighborhoods, allowing you to find the type that fits
your lifestyle and aspirations.

In the Lower Ridge Rd / Victory Ln neighborhood, 36.8% of the working population is employed in
executive, management, and professional occupations.
The second most important occupational group in this neighborhood is
sales and service jobs, from major sales accounts, to working in fast food restaurants, with 24.1% of the residents employed.
Other residents here are employed in manufacturing and laborer occupations
(20.6%), and 18.3% in clerical, assistant, and tech support occupations.

The Neighbors: Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves,
Los Angeles' Persian neighborhoods. Each has its own culture derived primarily
from the ancestries and culture of the residents who call these neighborhoods
home. Likewise, each neighborhood in America has its own culture – some more
unique than others – based on lifestyle, occupations, the types of households
– and importantly – on the ethnicities and ancestries of the people who live
in the neighborhood. Understanding where people came from, who their grandparents
or great-grandparents were, can help you understand how a neighborhood is today.

In the Lower Ridge Rd / Victory Ln neighborhood in Conway, AR, residents
most commonly identify their ethnicity or ancestry as English (17.4%).
There are also a number of people of German
ancestry (17.3%), and residents who report Irish roots
(16.9%), and some of the residents are also of French
ancestry (4.5%), along with some Polish ancestry residents
(2.6%), among others.

The Neighbors: Languages

The most common language spoken in the Lower Ridge Rd / Victory Ln
neighborhood is English, spoken by 100.0% of households.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in Lower Ridge Rd / Victory Ln neighborhood spend
between 15 and 30 minutes commuting one-way to work (48.6% of working
residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (90.8%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (8.7%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.

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